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Banks & Credit Unions
First Niagara plans sale of HSBC branches to KeyBank
Cleveland–based KeyBank will acquire 37 HSBC branches in the Buffalo and Rochester areas later this year for a deposit premium of $110 million. The locations
Income rises at Elmira Savings
ELMIRA — Net income rose just over 4 percent in 2011 at Elmira Savings Bank (NASDAQ CM: ESBK), which released its fourth-quarter and year-end financial
M&T Bank Corp. (NYSE: MTB) earned $148 million in the fourth quarter, down from $204 million a year earlier. Earnings per share in the period totaled
Elmira Savings to buy Empower branch
ELMIRA — Elmira Savings Bank will open a new branch in a Big Flats. Elmira entered into an agreement with Empower Federal Credit Union to
Community Bank CEO gets new three-year contract, pay raise
DeWITT — The top executive of DeWitt–based Community Bank has a new three-year employment contract, according to a filing with the U.S. Securities and Exchange Commission (SEC). The new deal, which pays Community Bank President and CEO Mark Tryniski a base salary of $620,000, took effect Jan. 1 and expires Dec. 31, 2014. Tryniski’s previous
CEO signs new contract at Community Bank
DeWITT — The president and CEO of DeWitt–based Community Bank has a new three-year employment contract, according to a filing with the Securities and Exchange
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